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Nordic American Offshore Ltd. Announces Agreement to Further Extend Waiver Period

As advised by Nordic American Offshore Ltd. (the “Company” or “NAO”) in its press release on March 12, 2019 the waivers under the Company’s $150,000,000 Revolving Credit Facility, dated March 16, 2015 (the “Credit Facility”) had been extended until Friday March 22, 2019.

The constructive discussions with the lenders under the Credit Facility regarding the long-term capital structure and long-term financing needs of the Company continue and they have agreed to further extend the waivers until April 1, 2019 to accommodate the process.


Source: Nordic American Offshore Ltd.

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